W3 Metaverse • DeFi • NFTs

2022-11-25 14:00:15 Alphabet seeks to identify 10,000 poor-performing Googlers to "ease out" of the company.

Christopher Hohn, a U.K. billionaire activist investor, wrote a letter to Alphabet, the parent company of Google, asserting that its employees are paid too much compared to other tech giants and its bloated workforce needs to be cut down.
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2022-11-25 13:12:10 Click Here for Download

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2022-11-24 21:00:11 As part of the update to the "legal enforcement policy," Rockstar Games, the maker of "Grand Theft Auto Online," is cracking down on the sales of NFTs and crypto in their role-playing servers.

While Rockstar has never sold any NFTs, users have reportedly been trading virtual assets within the game. The company announced that it would tighten its rules around them.

The update won't affect the gameplay of the current role-playing servers, but it does address that it will enforce the policy to virtual currencies, loot boxes, sponsorships, crypto, and NFTs.
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2022-11-24 21:00:10 DEX Curve releases whitepaper and official code for its stablecoin

The developers of decentralized exchange Curve Finance have released code and official documents for Curve's soon-to-be launched decentralized stablecoin called crvUSD. While an official announcement from Curve is still pending, the repository published on the projects. The whitepaper states that users will be able to mint the stablecoin by depositing excess collateral in the form of a cryptocurrency loan in a reserve, a mechanism called a collateralized debt position (CDP). The stablecoin will also rely on a novel algorithm dubbed Lending-Liquidating AMM (LLAMMA), which will work to continuously liquidate and sell the deposited collateral to better manage potential collateralization risks.
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2022-11-24 14:00:11 New new job listings by Apple suggest the company is accelerating its 3D mixed reality efforts, including a foray into the metaverse.

Apple has listed over 30 new VR and AR positions for engineers. One of these listings is for an engineer who will build the frameworks and tools “to enable connected experiences in a 3D mixed-reality world.”
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2022-11-24 14:00:11 With floating rumors of Genesis planning to file bankruptcy due to its exposure to FTX, the company spoke out. It said, "We have no plans to file bankruptcy imminently," and will set a goal to resolve the situation without a need for a bankruptcy filing.

However, Bloomberg reports have shared that Genesis is in talks with potential investors for at least $1 billion in new capital.
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2022-11-23 21:00:11 Uniswap's new privacy policy says it collects data tied to user wallets

Uniswap, the largest Ethereum decentralized exchange, published a new privacy policy to provide transparency on the data it collects. The privacy policy states that the DEX collects certain on-chain and off-chain data connected to users’ crypto wallets. The privacy policy notes that the decentralized exchange and other “third-party services providers” may gather data related to users' mobile deviceID, cookies, information from localStorage, operating system, device or browser language. Such information can be used to remember which tokens users have imported, as well as learn their preferences and interactions, Uniswap said.
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2022-11-23 21:00:11 Several Chinese Web3 platforms are introducing World Cup 2022 coverage through their metaverse tech.

Migu, a subsidiary of China Mobile, and Bytedance, the owner of TikTok, are two of the six companies that have secured rights to show the World Cup. Users will be able to use VR headsets to watch events in the metaverse.
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2022-11-23 14:00:13 There are now 134 companies that were involved with/held funds on FTX are applying for bankruptcy.
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2022-11-23 14:00:13 CryptoPunks #2512 just sold for 100 ETH or about $117,555.01.

CryptoPunks sales are up 1.28% in the last week, with #7519 selling for the highest at 125 ETH over the previous seven days.
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